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Brief News

Issue 47, November 22, 2009


By KTM Metro Reporter in Kathmandu

On November 17, 2009, Nepal Airlines Corporation has signed a deal with the Airbus Company to buy two aircrafts: one A330-200 wide-body plane and another A320 single aisle jet. The new aircrafts are valued at about $250m. However, the price is negotiable. Delivery of the two planes was scheduled for 2011. Nepal Airlines people say that these aircrafts will play a key role in developing Nepal's tourism industry especially in the 'Visit Nepal 2011' tourism campaign to attract more foreign tourists. Nepal Airlines Corporation has sent US$300,000 to the Airbus Company as an indemnity for buying the aircrafts.

At the time when the state-owned company called Nepal Electricity Authority has introduced 16 hours per week outage effective on November 18, 2009, Minister for Energy Prakash Saran Maha has said that Nepal will be able to export power to foreign countries after four years, and no load-shedding for more than 12 hours per week will be in this year.

Effective on November 17, 2009, the state-owned Nepal Oil Corporation has increased the prices of diesel and kerosene each by Rs. 3 per liter, costing each of them Rs 58 per liter. The company has to keep the prices of both diesel and kerosene at the same rate, as the sellers adulterated the costly item with the cheaper one.

The state-run newspaper called ‘Gorkhapatra’ has reported that in Singapore, Chairman of United Communist Party of Nepal-Maoist (UCPN-Maoist) Prachanda and Nepali Congress (NC) President Girija Prasad Koirala agreed on setting up a high-level mechanism to resolve the current political deadlock in Nepal. Chairman Prachanda has gone to Singapore ostensibly for training the party cadres whereas NC President Koirala has been there for medical treatment.

Coalition partners of the current government have been nervous of not passing the budget in the legislature. They have been meeting with each other to find out the ways and means of passing the budget in the legislature. Some ministers say that the budget will be passed through the Presidential order; others say that by any means they will get the budget passed by the legislature.

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